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The low bid is 12-percent less than the engineer's estimate, primarily due to lower than anticipated bituminous, <br />excavation, and grading costs. <br />Funding Source Breakdown: <br />Funding Source Construction Costs Indirect Costs <br />Pavement Management <br />Funds <br />Water Utility Funds <br />Storm Sewer Utility <br />Funds <br />Project Total <br />$472,902.21 $108,767.51 <br />................................................................................................................................................................................ <br />$324,914.80 $74,730.40 <br />................................................................................................................................................................................ <br />$47,102.00 $10,833.46 <br />$844,..91..9...01............................................................... $194, 331.37 <br />Total Costs <br />.................................................................. <br />$581,669.72 <br />.................................................................. <br />$399,645.20 <br />.................................................................. <br />$57,935.46 <br />.................................................................. <br />$1,039,250.38 <br />Bolton & Menk submitted a proposal for construction staking and as -built survey of the proposed improvements <br />for a total not -to -exceed amount of $27,144.00. The construction staking and as -built survey are included in the <br />indirect project costs. <br />City Staff proposes to administer and inspect construction. Plans and specifications were prepared in-house as <br />part of Staff's normal duties. <br />Recommendation: <br />Staff recommends adopting Resolution #24-064 accepting bids and awarding a contract to Dave Perkins <br />Contracting, Inc. in the amount of $844.919.01 for Halls Dover Acres Street Reconstructions, Improvement <br />Project #24-02. <br />Outcome/Action: <br />Motion to adopt Resolution #24-064 accepting bids and awarding a contract to Dave Perkins Contracting, Inc. <br />in the amount of $844.919.01 for Halls Dover Acres Street Reconstructions, Improvement Project #24-02. <br />24-02 Street Summary <br />24-02 Project Scope <br />24-02 Final Plans <br />Res 24-064 <br />24-02 Construction Staking Proposal <br />lnbox <br />Bruce Westby <br />Bruce Westby <br />Brian Hagen <br />Fonn Started By: Joe Feriancek <br />Final Approval Date: 02/22/2024 <br />Reviewed By <br />Joe Feriancek <br />Bruce Westby <br />Brian Hagen <br />Attachments <br />Form Review <br />Date <br />02/22/2024 10:09 AM <br />02/22/2024 12:27 PM <br />02/22/2024 02:42 PM <br />Started On: 02/20/2024 09:25 AM <br />